Chapter 203: An unexpected surprise
"Wow, today's market is so fierce. It's quite interesting." After the call auction ended, Xu Jianqing shouted loudly.
During today's pre-market meeting, Gu Junhao had already shared with the three people the market news that Xu Yan and others had compiled overtime over the weekend, but they were still caught off guard by the situation where the three major indexes all opened higher.
Not only Xu Jianqing, but even for veteran stock investors like Gu Junhao, it is rare to see the three major indexes opening high in the same period of time.
"Indeed, if it stabilizes today, the market will go bullish." Gu Junhao nodded. This is indeed a symbol of a bull market. Unexpectedly, the adjustment in the last week of August would end so quickly.
"Boss, what should we do?" Wang Ruoyu asked nervously.
Since joining the company, the three of them have learned from Gu Junhao the logic of stock trading and the skills of short-term market reading. However, none of them have experienced the opening status like today.
Not only Wang Ruoyu, but also Xu Jianqing and Liu Tingting had no idea how to operate in such a super emotional state. When Wang Ruoyu asked about it, the three of them looked at Gu Junhao.
Seeing that the three of them were looking at him, Gu Junhao smiled and said, "Let's not talk about how to do it first, tell me how you feel now."
"To be honest, I'm a little panicked." Wang Ruoyu said after thinking seriously. The other two thought about it and nodded.
"This is normal. If you have never encountered such a situation, it is understandable that you feel a little panicked. This is a reflection of a normal mentality." Gu Junhao did not laugh at them, because this is something everyone must go through on the road to stock investment.
As for how to overcome this emotion, Gu Junhao could not give a specific answer. Everyone is an independent individual and the time to restrain emotions is different.
Maybe at a certain period of time, Wang Ruoyu has overcome it, but Xu Jianqing is still in panic; however, after experiencing a real bull-bear transition and witnessing the ever-changing stock market, this emotion will be less.
In a word, when a new investor becomes an old investor, no matter how the A-share market moves, it will not cause a big change in his emotions.
The only thing that can change a person is time.
At 9:30, trading officially began. The Shanghai Composite Index and the ChiNext Index, which opened high, fell rapidly and began to test the gap. Ordinary investors are often most likely to be wiped out during this period of gapping upward.
After experiencing a series of sharp declines, the retracement of individual stocks after stabilization is often the most challenging. It is crucial to be able to hold on to your stocks during this period.
"Don't move. This is a normal phenomenon. It is to digest some trapped positions and hot money from the previous trading day." Gu Junhao said to the three people.
When the market opens high, investors are generally afraid of a decline and will not be able to hold on to their profits. Today's early trading trend just corresponds to this point. The three people in panic have a deep understanding of this.
Gu Junhao's timely words gave the three people a reassurance; at 9:31, the ChiNext Index was the first to rebound after probing back.
In less than a minute, the index had climbed above the opening point, with an extremely strong trend.
At 9:32, the ChiNext Index closed at 1,430 points, up more than 0.5%. At this time, the Shanghai Composite Index was still in the process of retreating.
Dongfang Wealth, which is closely related to the ChiNext Index, did not perform as strongly as the index. Dongfang Wealth opened high at 12.88 yuan in the morning, but is now in the red after falling back.
The share price of Dongfang Fortune was 12.74 yuan. In the trading quotation, compared with the continuous outflow of small orders of several or dozens of lots, large buy orders of over a thousand lots appeared from time to time, forming a huge contrast.
"Look, big funds are rushing to buy shares, but unfortunately we have no money left." Gu Junhao pointed at the trading screen of Dongfang Wealth on the big screen and said to the three people.
"Boss, just be so Versailles. You have already bought enough. Now people are helping you carry the sedan chair." Xu Jianqing flattered him.
It’s no wonder that Gu Junhao had not expected all the positive factors in the market over the weekend and the sentiment in today’s early trading session. His bottom-fishing last week was just based on normal judgment.
The most wonderful thing about stock investing is that good news follows you; after you buy a stock, good news is released a few days or a period of time later.
And at this time, you still hold this stock; of course, this kind of news chasing is just buying and selling in advance based on your judgment of the market, rather than insider trading.
There are also many people who have lost money due to insider trading. The only correct way to invest is to follow the market.
At 9:48, two consecutive large orders of 3,500 and 5,000 lots were placed at the Dongfang Wealth trading desk, instantly raising the stock price from 12.82 yuan in the green state to 12.95 yuan in the red state.
At this time, the growth rate of the ChiNext Index was close to 1%. The Shanghai Composite Index also ended its downward oscillation mode and officially started its upward journey.
"It's finished washing. It was a pretty intense wash, taking almost 20 minutes." Looking at the unusual changes in Dong Fang's wealth, Gu Junhao smiled.
Last week, Dong Fang's wealth plummeted, causing him to lose his position as the number one in Junshi No. 1 market value again, and it was taken back by Yinzhijie. The stock of Yinzhijie is just like Xu Jianqing, with some evil spirit.
It can be said that Junshi No. 1 holds a relatively large number of chips in Yinzhijie, but the trend in recent months has shown that although Yinzhijie has been fluctuating sideways and has fallen frequently, it often only takes one or two days of increase for its market value to return to the top position.
It seems that the stock price is falling every day, but it frequently reaches new highs. This kind of experience would not be experienced unless you do short-term trading in your personal account for a few days at the beginning and hold the fund account until now.
Yinzhijie also often goes against the market trend. For example, last Friday, both markets turned positive, but it continued to adjust. Today, the three major indexes all opened higher. As a popular stock recently, Yinzhijie opened at a flat price.
After the opening, Yinzhijie's performance was somewhat different. It did not continue to test the bottom, but directly rose. At 9:31, the stock price reached the 19 yuan mark.
As of 9:55 now, the share price of Yinzhijie has unknowingly reached 19.53 yuan, up 4.44%, making it the stock with the largest increase among all current holdings.
"Haha, I've been keeping an eye on Dongfang Wealth. I didn't expect that the fastest growing stock today was Yin Zhijie. It's really weird." Seeing Yin Zhijie's nearly 5% increase, Gu Junhao also laughed.
"I discovered it a long time ago, but he didn't increase the volume. I didn't dare to say much." Xu Jianqing continued.
"If you didn't notice, it means you weren't watching the market carefully." Liu Tingting said with a smile.
Gu Junhao also looked at the trading quotes in the morning session. Yin Zhijie did not increase its trading volume. From the early morning rise to now, the trading volume is only slightly higher than the same period of the previous few days of decline.
"It's true that the volume is not large, but the volume is still good. The speed of capital inflow is also accelerating. It seems that after the volatility stops for a while, there should be a surge."
Yinzhijie's intraday yellow moving average is rising steadily. When the stock price hit its high point at 9:55, it began a period of consolidation as Gu Junhao judged.
However, during the period of volatility and consolidation, the stock price of Yinzhijie has always remained above the daily average price of 19.23 yuan. Judging from the intraday trend, the daily moving average also shows signs of rising.
"It's a standard bullish trend. Even though it has risen by almost 4%, the probability of losing money is still very small if you buy at this time." Looking at the trend of Yin Zhijie, Gu Junhao sighed.
In fact, for today's market, the vast majority of individual stocks are in this pattern, which fully demonstrates that after today's market conditions, off-market funds are enthusiastic about entering the market.
At this time, you should buy hot stocks without hesitation , as well as hot stocks that have adjusted and are on an upward trend again. These stocks often rebound faster.
Such as Dongfang Wealth, Yinzhijie, etc.; even if you can't hold them for the long term, it is still good to make a short-term rebound.
At 10 o'clock, the ChiNext Index surged to around 1445 points, up 1.72%, reversing the big negative line on August 26.
At the same time, it is also approaching the 1450 pressure level. As a support point during the rise, the 1450 level will become a pressure level once it falls back.
Feeling the pressure, the ChiNext Index quickly pulled back. Within ten minutes, the index fell by nearly 0.3% to above the intraday moving average.
"The pullback did not break the daily moving average. Today's trend is too strong. It can be regarded as a super market." Wang Ruoyu, who had been watching for a long time, couldn't help but sigh at this moment. He shouldn't have been in such a panic in the morning.
So far today, except for the last round of index correction, it can be said that you will not lose money no matter what time period you buy in, and the money-making effect is really great.
"It's a pity for those individual orders that were sold out at a loss this morning." Wang Ruoyu, who had been watching the transactions for a long time, couldn't help but feel sorry for those orders that were eliminated in the early trading session.
"There's nothing to regret. You can buy it now if you want. This kind of market trend can't just rise for one day." Gu Junhao responded.
Affected by the rise and fall of the ChiNext Index, Dongfang Wealth's increase fell from more than 4% to less than 3%, with a correction of more than one point, but it was still above the daily average price.
Although the increase exceeded 2%, since today's market trend is really too high, it is relatively safe to buy between the daily average prices.
However, it is difficult for those who sold in the morning green market to muster up the courage to buy again at this time.
Some people may have realized their mistakes, but realizing it and actually taking action are two different things.
In Gu Junhao's opinion, this is the so-called selling at a high price, rather than continuing to rise after taking profits.
The rise after taking profit is a cognitive problem, while being scared out of the market by a panic drop and failing to achieve one's expectations is a psychological problem.
At the midday close, the three major indexes all rose sharply. After adjustment, the ChiNext Index continued to hit a new intraday high, closing at 1447.29 points, up 1.60%.
The ChiNext recovered the losses on August 26 in half a trading day, and its strength was so strong that people felt a little uncomfortable. At the closing stage, all major stock trading areas were very lively.
Some stocks whose gains were lower than the index attracted all kinds of criticism in the comment section, including Xibu Securities and Wan'an Technology.
“Junk stocks fall harder than anyone else, but cannot outperform the index when they rise.”
"The index fell 2%, and you fell 5%. The index rose almost 2%, and you rose less than 1%. How can you be so embarrassed?"
"This stock is hopeless. The daily turnover is 10-20 million. No one is paying attention to it anymore. You should sell it. You won't lose much at the current price anyway ."
Gu Junhao smiled knowingly when he saw this. The performance of these two stocks in the morning session was extremely average, and Xibu Securities could still find a reason that it was affected by the decline in transaction fees.
And this trend of Wan'an Technology is undoubtedly intentional by the main funds. The sluggish trading volume of Wan'an Technology made it extremely difficult for the main funds to build positions in the early stage, and there was no bottom-up issuance like Xibu Securities.
This difficult mode undoubtedly raises the cost of building a position, which can be seen from the trend of Wan'an Technology's step-by-step trend. The main funds are trying their best to do T, trying to reduce the cost of holding positions and collect more chips.
But unfortunately, the circulating shares are limited. Judging from the recent sideways fluctuations and today's changes, it will still take some time for Wan'an Technology to remain sideways.
"What the leeks say is not without reason. Stocks that can't even outperform the index really have no future, at least not in the short term. Let's see if there is a chance to reduce his position."
According to the original plan, the holding cost of Wan'an Technology should be 6 million yuan, but as of today, the market value of Wan'an Technology has reached nearly 12 million yuan, nearly doubling.
In terms of profitability alone, Wan'an Technology is not the least profitable among the current holdings. Its profit of over 35% is still far higher than Xibu Securities' 20%.
However, in terms of the liquidity of Junshi No. 1, Wan'an Technology is currently the worst. There is really no need to hold such a large position in such a stock.
As the transaction progressed, Gu Junhao was constantly adjusting his positions, from decisively abandoning Hailanxin at the beginning to increasing his positions in Xibu Securities due to the bottom issuance factors and the attributes of the brokerage firm.
When the transaction entered September, seeing the poor liquidity of Wan'an Technology, Gu Junhao decided to reduce his holdings in Wan'an Technology, but it is not possible today.
Judging from Wan'an Technology's trading volume in the morning, the entire day's trading volume should not exceed 30 million yuan. It is still very difficult to reduce positions with such a volume.
"Wan'an Technology, please keep an eye on it for me. If I'm not in the trading room one day, please help reduce my position. Let's temporarily set the daily trading volume to more than 50 million yuan. How to judge the daily trading volume based on the morning trading volume, I don't need to tell you this, right?"
"No need, Boss, you look down on us too much. I know this, but how much should we reduce our positions specifically?" Xu Jianqing said pretending to be dissatisfied.
After some thought, Gu Junhao estimated based on the current stock price that he would reduce his holdings by 3,600 lots, which means a trading volume of about 4 million yuan, and about 10% of the daily trading volume of 50 million yuan.
The volume is still relatively large, but for Gu Junhao who is determined to reduce his holdings, he can no longer care about these. Whether it is smashed down or given to the main force, let it be.
“Then let’s reduce it by 3,600 lots, leaving the bottom position of 6,000 lots, and let the main force play with it.” Gu Junhao said with a smile.
"I'll do it, I'll do it. Boss, whether you're in the trading room or not, just let me do it, okay?" Xu Jianqing was very enthusiastic about this matter. He had mentioned this matter last week.
"Okay, then you do it, but try not to cause too much fluctuation in the stock price." Gu Junhao also wanted to see whether it would affect the trend of Wan'an Technology if he sold 10% of the trading volume within one day.
"Okay, no problem at all." Xu Jianqing said happily.
"Okay, let's eat." Xu Jianqing's slightly funny behavior also made Gu Junhao laugh.
After the meal, everyone took a rest. Today, everyone was basically fully invested, and the market was rising so wildly, so the four of them were relatively relaxed.
As far as today's super market situation is concerned, it can be regarded as a bull market within the day. Everyone knows the principle of holding stocks in a bull market.
So after the panic in the early trading session, the three never mentioned the topic of selling again.
At 13 o'clock, the four people in a relaxed state continued to watch the market. As soon as the trading opened, the ChiNext entered a rising state, followed by Yin Zhijie, which fluctuated and adjusted after rising in the morning.
After Yinzhijie hit its intraday , its share price fell back to around 4% and continued to fluctuate until midday close; at 11:30, the fluctuating Yinzhijie share price closed at 19.58 yuan, up 4.71% on the day.
At one o'clock in the afternoon, the emergence of batch orders caused Yinzhijie's stock price to quickly surge to 19.78 yuan, only 0.07 yuan away from the previous high of 19.85 yuan.
"The volume has started to increase. It looks like there will be a big surge in the afternoon." Gu Junhao said happily. A daily limit, four days of adjustment, and immediately another big positive candle set a new high. It was a very standard trend.
At 13:15, Yinzhijie reported 20 yuan, and the rise officially began. One minute later, Yinzhijie reported 20.28 yuan, and the stock price rose by 845%.
The stock price rose by more than 4% within 15 minutes after opening. The extremely ferocious trend also made Yin Zhijie frequently appear in the forefront of the 5-minute increase.
"Haha, it's pretty strong, but it looks like there is no plan for a daily limit today, at least not now." At the price of 20.28 yuan, with no large orders above the 1,000-hand level following up, Gu Junhao felt that high-level fluctuations seemed to be about to begin again.
As expected, with a sell order of 540 lots, Yinzhijie's stock price fell back to 20.17 yuan, and then the stock price fluctuated downward to 20.05 yuan, returning to the initial position of the abnormal rise.
"Watch out, Yinzhijie's volume today is not small. A 500-lot sell order can bring down the price by more than 10 cents. You should be careful when operating Wan'an Technology."
Yinzhijie's trading volume and trend today can also serve as an invisible participation in Wan'an Technology's subsequent reduction in holdings. Judging from the trading volume, Yinzhijie's trading volume today should exceed 100 million yuan.
For stocks with a trading volume of more than 100 million yuan, 500 lots is considered a large order, and one order is enough to affect the stock price by half a point. It is also a test for Xu Jianqing to successfully sell shares that account for nearly 10% of the trading volume.
"I understand. In any case, try not to exceed 500 lots in a single transaction, unless the volume is very large in a short period of time." Xu Jianqing nodded. If the selling order is too large, it will hurt yourself and affect subsequent sales.
Yinzhijie, which rose and then fell, replicated the trend in the morning, but this time the pullback position was obviously higher; at two o'clock in the afternoon, Yinzhijie, which had fallen from a high position, fell to 19.88 yuan and began to increase slightly again.
Yinzhijie's stock price continued to increase in volume in the late trading. At 14:47, the stock price hit a new high of 20.38 yuan after the ex-rights. At 15:00, Yinzhijie closed at 20.30 yuan, up 8.56%, with a daily turnover of 125 million yuan.
The price of 20.30 yuan is still a long way from the closing price of 29.54 yuan before the ex-rights date. I wonder whether this round of rights-filling market will be completed like Tong Huashun.
The three major indexes had a super rally on the first day of September . The Shanghai Composite Index rose 0.83% to close at 2235.51 points, and the ChiNext Index surged 1.99%, successfully standing firm above the 1450 pressure point, closing at 1452.84 points.
The sharp rise of the ChiNext has meant that the two markets are no longer dominated by blue chip stocks, and theme stocks are flourishing in all aspects.
Concept sectors such as military industry, mobile payment, and smart cars have returned to their previous strong situation; excluding ST stocks, the number of stocks that hit the daily limit in the two markets reached 40.
There are less than 10 stocks whose decline exceeds 3%. Today is a truly general and sharp rise in the market. Under such market conditions, you still cannot make money.
Then you should really reflect on yourself and ask yourself whether you are suitable for stock investment. If you can't make money in a super market, then when will you be able to make money?
Junshi No. 1 also surged 2.64% today, despite being dragged down by Wan'an Technology and Xibu Securities. Wan'an Technology rose slightly in the late trading, up 2.59%. The daily trading volume was still very low, at only 23.17 million yuan.
Xibu Securities only rose 0.77% today, with its share price closing at 11.74 yuan. Dongfang Wealth's trading volume increased again to 680 million yuan today, with a daily increase of 3.74%. Its share price also returned to above 13 yuan, closing at 13.33 yuan.
The unexpected surge in Yinzhijie and the stable performance of Dongfang Wealth are the guarantee of the fund's yield today. These two stocks contributed a total of more than 1.2 million yuan in profits.
The first day of September brought joy to countless investors and gave everyone more expectations. There is a saying in the real estate market that September is the golden month and October is the silver month, and the same is true for the stock market. Everyone is looking forward to the market in September.
In the Soha group, influenced by the 3.13% surge in Tonghuashun today, Li Ze shouted frantically: "Haha, you guys got washed out again, it makes me laugh to death, I told you not to move."
Tonghuashun's stock price, which was adjusted for four trading days after the rights issue, returned to above 25 yuan and closed at 25.05 yuan after two trading days of increases.
After four trading days of high-level adjustments, many people are still afraid to buy back Tong Huashun, even though Tong Huashun turned green like Dong Fang Fortune this morning.
For more than two months, Li Ze watched everyone in the group come in and out of Tong Huashun. Except for Brother Cao who still maintained a 30% position in Tong Huashun, he was the only one who still held a full position.
There was a person who had bought in at the end of last Friday's trading, and sold his shares when Tong Huashun fell in the early trading today. According to his understanding, Tong Huashun is used to going against the market trend.
With the crazy rise of the market today, Tonghuashun is bound to fall sharply, and timely stop loss is the right way. However, at ten o'clock in the morning, the situation on Tonghuashun suddenly changed, and a straight line rose directly from the green state to around 3%, which seemed extremely powerful.
This trend also made him dumbfounded. Although Tonghuashun fell back to around 24.50 yuan after rising, he dared not chase it back after suffering losses at around -1.5% and a 1% increase.
This person who cut his losses at Tong Huashun became the only person in the group who suffered losses today, and he was still in a short position. He was in a very depressed mood.
After the market closed, Li Ze mainly mocked him.
